12, DOLBY RISE, CHELMSFORD, CM2 6XQ - £557,000

12 DOLBY RISE is a midsized extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £557,000 in February 2018, which was around 2% below the average February 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

12 DOLBY RISE Sold Prices

Land registry data shows three sales for 12 DOLBY RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the three 12 DOLBY RISE sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 8 FEB	£557,000	£569,601	2% below HPI
2004 26 AUG	£329,995	£325,250	1% above HPI
1997 23 DEC	£147,000	£132,475	11% above HPI

12 DOLBY RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 12 DOLBY RISE sales between December 1997 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 DOLBY RISE?

12 DOLBY RISE is 122m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 12 DOLBY RISE lies on this distribution: 52% of detached houses are smaller than 12 DOLBY RISE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 DOLBY RISE: Plot and Title Map

12 DOLBY RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 12 DOLBY RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 DOLBY RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 DOLBY RISE?

12 DOLBY RISE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on DOLBY RISE.